Investing In Wind Energy
This case study was originally published in our .
In 2010, we made our first investment in wind energy: a partnership with Suncor in the Wintering Hills (WH) wind project near Drumheller, Alberta. This provides us with the opportunity to develop our understanding of wind power generation and evaluate other opportunities to develop wind farms around our operations – largely because we work in some windy places!
The 88 megawatt (MW) wind power project comprises 55 1.6 MW turbines. At peak operation, WH is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Teck’s share of the energy generated, some 90,000 megawatt hours per year, represents more than 1.5 times the annual power consumption of our Cardinal River Operations and, as a source of clean energy, the project will receive carbon credits to offset emissions from Cardinal River. We expect our total investment in connection with the project to be approximately $66 million.